Server Farm Realty has invested over $220 million to redevelop and transform the building into a Tier III data center.

The data center now features a concurrently maintainable design that offers 100 percent availability and delivers approximately 20 MW of power to over 138,000 square feet of raised floor data center suites.

The eight-story building also maintains 4 MW of critical power over five data center floors and features a Power Usage Effectiveness rating of 1.4 or better, which is regarded as one of the lowest in Chicago.

“Chicago is the ideal location for secure, low latency network infrastructure. Aggressive power rates with a low carbon fuel mix and efficient, free cooling conditions throughout much of the year align well with what today’s technology and media companies, healthcare organizations, financial services firms, and many others are looking for in a data center, says Avner Papouchado, CEO of Server Farm Realty. “We welcome Peerless into our expanding portfolio, now spanning seven facilities with more than 1.3 million square feet of hardened, state-of-the-art and scalable data center space.”

Chicago is the ideal location for a data center as the area is a global data center hub and interconnection point for nearly every major fiber network.

In addition, the location provides one of the lowest total cost of occupancy for data center users, a wide selection of real estate options, cost-effective power rates from a range of vendors, and a mild climate to ensure substantial energy savings for approximately the first half of every year.

Based on these benefits, Server Farm Realty says the new data center will provide a strategic and key asset for tenants seeking reliable, secure and scalable data center space in the Chicago market.